Caltius Mezzanine Realizes Investment in PlanMember Financial Corporation

February 28, 2013

Caltius Mezzanine (“Caltius”) is pleased to announce the successful realization of its investment in PlanMember Financial Corporation (“PlanMember”).

In February 2013, a strategic buyer acquired a significant minority interest in the company, resulting in the redemption of Caltius’ debt and equity. In November 2006, Caltius provided $10.3 million of mezzanine debt and preferred stock to help finance the buyout of the company by Lovell Minnick Partners. Headquartered in Carpinteria, CA, PlanMember is a financial services marketing and distribution company that provides retirement advisory programs primarily to the 403(b) K–12 educator market.

Based in Los Angeles, CA, Caltius Mezzanine provides innovative capital solutions in amounts of $10.0 to $100.0 million to middle market companies throughout North America. Since its founding in 1997, Caltius Mezzanine has invested over $1.0 billion in a broad range of industries to support acquisitions, recapitalizations, buyouts, and organic growth. Caltius Mezzanine is currently investing out of its fourth fund, Caltius Partners IV, LP, a $500 million fund. For more information or to refer an investment opportunity, please call us at (310) 996-9585.